Novo Nordisk, Eli Lilly fall after Trump comments on weight loss drug pricing
Investing.com -- On Tuesday, Albertsons Companies, Inc. (NYSE:ACI) reported better-than-expected results for the second quarter, exceeding analyst expectations for both earnings and revenue.
The supermarket chain’s shares were up 5.60% in pre-market trading after the results.
The grocery retailer posted adjusted earnings per share of $0.44, surpassing the analyst estimate of $0.40 by $0.04. Revenue came in at $18.92 billion, slightly above the consensus estimate of $18.88 billion. The company did not provide YoY revenue comparison figures in its release.
Looking ahead, Albertsons provided fiscal year 2026 earnings guidance in the range of $2.06 to $2.19 per share, with the midpoint of $2.13 slightly above the analyst consensus of $2.11.
"Our strong second quarter performance demonstrates our ability to execute effectively in a challenging retail environment," said a company executive in the earnings announcement.
The company also declared a quarterly cash dividend of $0.15 per share, payable on November 7, 2025, to stockholders of record as of October 24, 2025.
Albertsons operates 2,257 retail stores across 35 states and the District of Columbia under various banners including Albertsons, Safeway, Vons, and Jewel-Osco. The company also maintains 1,720 in-store pharmacies, 405 associated fuel centers, 22 dedicated distribution centers and 19 manufacturing facilities.
In 2024, Albertsons and its foundation contributed more than $435 million in food and financial support, including over $40 million through its Nourishing Neighbors Program to address food insecurity in its communities.